Filed April 21, 2021
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $121,532 | $111,814+8.7% | $103,378+17.6% | $145,978-16.7% |
| Participation rate | 100.0% | 77.9%+22.1pp | 74.5%+25.5pp | 80.3%+19.7pp |
| Annual return | 13.85% | 24.80%-11.0pp | 24.91%-11.1pp | 550.52%-536.7pp |
| Employer contribution / active EE | $14,306 | $4,215+239.4% | $3,870+269.6% | $4,662+206.9% |
| Participant deferral / active EE | $13,940 | $5,618+148.1% | $5,058+175.6% | $6,690+108.4% |
| Admin fee / account holder | $1,185 | $9,764-87.9% | $8,401-85.9% | $13,400-91.2% |